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Post by CM Tusk on Mar 2, 2023 0:57:23 GMT -5
I’m confused, what’s a NFT Pop?
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Post by finnbalor1 on Mar 2, 2023 1:35:53 GMT -5
I’m confused, what’s a NFT Pop? You buy packs of Funko NFTs and you get a chance at winning redeemable limited Pops for free. They do around 5 or 6 Pops every three weeks and this time it was a House of the Dragon wave Speaking of the NFTs,I didn't do well yesterday. I spent $60 and got no redeemables,should've just waited and got what I wanted from the secondary market. The Wal-Mart Cody is back up for pre order if anyone missed out the first time |
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Post by Scott! on Mar 2, 2023 3:07:46 GMT -5
Amazon have taken the money for my Rhea & Ricky Steamboat so hopefully they’ll be here soon. I did buy a few more Star Wars Pops as well, got Finn/Rose, Captain Phasma & BB8 coming.
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Post by LA Times on Mar 2, 2023 15:49:38 GMT -5
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Post by finnbalor1 on Mar 2, 2023 19:29:51 GMT -5
That Con Taweret looks great,ill definitely get that,Super Bugs soda,Flik,Lotus 25 anniversary and if I can possibility come across one of those Freddy Clown for a decent price but I'm expecting it to be couple hundred at the bottom end. Couple others I might think about but those are the only guarantees.
Glad I'm not interested at all in these NFT Pops
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Post by finnbalor1 on Mar 2, 2023 19:37:08 GMT -5
Amazon have taken the money for my Rhea & Ricky Steamboat so hopefully they’ll be here soon. I did buy a few more Star Wars Pops as well, got Finn/Rose, Captain Phasma & BB8 coming. I'm not even a big Star Wars guy,mostly like the D+ shows but have gotten a ton within the last couple years . Youre in for a long ride with the Star Wars line. You should look into the last Con Anakin,that's one of my favorite con pieces last year. |
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Post by Scott! on Mar 4, 2023 6:33:21 GMT -5
First few Star Wars Pop's in today. Nothing special, but building my Episode 7-9 army seems to be the easiest so far because most of the main characters aren't too expensive. I think I paid less than a tenner for all 3 of these.  |
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Post by cableV on Mar 4, 2023 10:37:04 GMT -5
This is crazy -
Funko this week during their earnings call revealed some fairly shocking news announcing that they would be sending approximately $30 to $36 million worth of unsold inventory of their POP! figures to a landfill. This is because they have so much unsold inventory that the company has run out of room in their warehouses and has had to pay to rent storage containers to hold the excess product. In other words it's more cost effective for them to just throw the stuff away than try hold on to it any longer.
Funko reported that it's inventory totaled $246 million worth of product at the end of 2023 which was a 48% percent increase over 2022. The over-production of product combined with decreased demand has caused serious problems for the company. They reported a $47 million loss in Q4 of last year which is a stark contrast to the $17 million profit they reported for the same time period the previous year.
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Post by Grumpyoldman on Mar 4, 2023 11:47:00 GMT -5
This is crazy - Funko this week during their earnings call revealed some fairly shocking news announcing that they would be sending approximately $30 to $36 million worth of unsold inventory of their POP! figures to a landfill. This is because they have so much unsold inventory that the company has run out of room in their warehouses and has had to pay to rent storage containers to hold the excess product. In other words it's more cost effective for them to just throw the stuff away than try hold on to it any longer. Funko reported that it's inventory totaled $246 million worth of product at the end of 2023 which was a 48% percent increase over 2022. The over-production of product combined with decreased demand has caused serious problems for the company. They reported a $47 million loss in Q4 of last year which is a stark contrast to the $17 million profit they reported for the same time period the previous year. I find it sad that these can't be recycled. |
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alphadeltaxray
Main Eventer
Enter your message here...
Joined on: May 9, 2019 15:41:00 GMT -5
Posts: 3,100
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Post by alphadeltaxray on Mar 4, 2023 13:43:03 GMT -5
This is crazy - Funko this week during their earnings call revealed some fairly shocking news announcing that they would be sending approximately $30 to $36 million worth of unsold inventory of their POP! figures to a landfill. This is because they have so much unsold inventory that the company has run out of room in their warehouses and has had to pay to rent storage containers to hold the excess product. In other words it's more cost effective for them to just throw the stuff away than try hold on to it any longer. Funko reported that it's inventory totaled $246 million worth of product at the end of 2023 which was a 48% percent increase over 2022. The over-production of product combined with decreased demand has caused serious problems for the company. They reported a $47 million loss in Q4 of last year which is a stark contrast to the $17 million profit they reported for the same time period the previous year. I find it sad that these can't be recycled. Recycled, donated, or even just given away. |
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Post by finnbalor1 on Mar 4, 2023 17:43:34 GMT -5
I mean they just had that huge sale in Arizona when they was moving warehouses,why not just let the collectors get a massive deal so they could've donated them if nothing else? If I'm not mistaken the ones that's been named was all apart of the sale,seems like them being in kids hands would've been the best place for them not getting a tax right off with this move.
Not anything I need but those D&D NFT Pops looks awesome,especially the Bear thing and the two headed animal
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Post by Scott! on Mar 5, 2023 12:29:09 GMT -5
My Ricky Steamboat & Rhea Ripley arrived last night from Amazon. Steamboat may be my new favourite POP, it's an incredible figure!  |
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Post by finnbalor1 on Mar 6, 2023 2:07:17 GMT -5
Man,they could've done a better job on Rhea,Funko did her dirty lol
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Post by Scott! on Mar 6, 2023 13:08:09 GMT -5
Man,they could've done a better job on Rhea,Funko did her dirty lol The nose is.. different? I don't mind the figure, but for all they could have done, it's a bit bland. |
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fabulous1971
Superstar
Derp!
Joined on: Apr 1, 2022 12:29:07 GMT -5
Posts: 511
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Post by fabulous1971 on Mar 6, 2023 14:34:23 GMT -5
I find it sad that these can't be recycled. Recycled, donated, or even just given away. I agree with all of that. Hopefully this means that Funko won't make Pops of nearly EVERYTHING. There are a lot of anime crap that I just see cluttering the shelves that never moves. |
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Post by newgenandy on Mar 7, 2023 14:47:41 GMT -5
My Ricky Steamboat & Rhea Ripley arrived last night from Amazon. Steamboat may be my new favourite POP, it's an incredible figure! Looking forward to picking up bret from entertainer Friday 👍 I’m hoping they’ll have in wave 2 of the retro star wars comic pops. I got the set of 4 from there snd want the second series. Then the rotj 40th will pretty much satisfy my funko star wars needs |
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Post by Scott! on Mar 12, 2023 11:48:47 GMT -5
My Star Wars collection is getting there. I've picked 12 characters from each trilogy and I'm going to buy my display cabinet for them soon fingers crossed (with my Manchester City Pop's getting the 4th shelf, for now). Not going super in deep with these, once I have my 36 I'm done. Started off strong and I have quite a lot still on the way. This was just a fun thing to put in a space in my bedroom rather than in my wrestling figure room. I've been wanting to do it for a while so happy that I'm doing it now.   |
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Post by newgenandy on Mar 12, 2023 15:19:14 GMT -5
My Star Wars collection is getting there. I've picked 12 characters from each trilogy and I'm going to buy my display cabinet for them soon fingers crossed (with my Manchester City Pop's getting the 4th shelf, for now). Not going super in deep with these, once I have my 36 I'm done. Started off strong and I have quite a lot still on the way. This was just a fun thing to put in a space in my bedroom rather than in my wrestling figure room. I've been wanting to do it for a while so happy that I'm doing it now. That anakin’s great! I really wanted the art collection mustafar Vader with the lava type deco - not usually a fan of the art ones but that was great I’m cutting my Star Wars off at original trilogy as it makes most sense in terms of keeping volumes down |
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Post by newgenandy on Mar 12, 2023 15:21:59 GMT -5
I mean they just had that huge sale in Arizona when they was moving warehouses,why not just let the collectors get a massive deal so they could've donated them if nothing else? If I'm not mistaken the ones that's been named was all apart of the sale,seems like them being in kids hands would've been the best place for them not getting a tax right off with this move. Not anything I need but those D&D NFT Pops looks awesome,especially the Bear thing and the two headed animal I’d imagine there’s a loophole they’re using - by liquidating they probs to get tax off it and it’s more financially viable It’s like Amazon, they liquidate returns because of tax plus it’s more cost effective than checking repackaging in saleable condition etc Funko offices are crazy, as the comic book men said when they had the pops and went to HQ funko wasn’t a company worried about the bottom line. They have all sorts of fun and expensive ways to entertain and occupy employees etc |
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Post by LK3 on Mar 13, 2023 4:59:08 GMT -5
Got my Steph over the weekend  |
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